After further thoughts i am thinking the CXO problem is the tonnage. It is not attractive its that simples. Too small for the longevity but good for the short terms. On the other hand you can see the interest from the majors is on the big deposits. Last week SQM the biggest global lithium producer in the world invested 20 million dollars into ASX junior AZS for 20 percent of the company. They say it has potentials to be hosting over 100mt the same as LTR style of deposits. This is where the interest is for the longevity. If the size is big then it can survive any cycles into the futures. IMHO
After further thoughts i am thinking the CXO problem is the...
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Last
8.7¢ |
Change
-0.004(4.40%) |
Mkt cap ! $188.0M | |||
| Open | High | Low | Value | Volume |
| 9.0¢ | 9.0¢ | 8.6¢ | $671.2K | 7.589M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 45720 | 8.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.8¢ | 545193 | 16 |
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| Last trade - 11.46am 21/06/2024 (20 minute delay) ? |
| CXO (ASX) Chart |